MOSCOW Feb 13 The Russian unit of Deutsche Bank
said on Monday it was working with Russian tax
authorities over standard operations it had conducted, following
a RBC news report which said it could face over 10 billion
roubles ($172 million) in extra profit tax charges.
"As part of an ongoing routine audit, Deutsche Bank is
working with Russian tax authorities on matters relating to
standard business operations that follow normal industry
practice," Deutsche's Russian unit said in a statement.
Citing sources, RBC reported that the tax service believes
that the bank lowered its taxable income in 2013 and 2014 when
it was buying the foreign currency on the domestic currency
market and selling it to London's Deutsche Bank.
($1 = 58.1164 roubles)
(Reporting by Alexander Winning; Editing by Katya Golubkova)